4200sqm Land
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Property Description
*PREMIUM JOINT VENTURE OPPORTUNITY: LEKKI PHASE 1*ff
This is a rare opportunity to develop a prime waterfront-adjacent land parcel in the heart of Lagos' most sought-after residential hub.
*LOCATION:* Strategic site off Admiralty Way, Lekki Phase 1, Lagos.
*LAND AREA* : 4,200 square meters.
*TITLE* : Governor's Consent.
*MARKET VALUE:* ₦9 Billion.
*PROPOSED PROJECT:* Luxury High-rise Residential Apartments.
*SHARING RATIO:* Open for negotiation (TBD).
*AGENCY/FACILITATOR Fee:* 10% of total land value.
*PROCEDURE REQUIREMENTS:*
To express interest, developers are required to submit:
Letter of Intent (LOI)
Comprehensive Company Profile
Detailed Project Proposal/Concept
Signed 10% Facilitator Fee Agreement
*Note:*
The survey plan will be released to the developer by the owner immediately following a successful site inspection.
*48 HOURS INSPECTION NOTICE FOR SMOOTH INSPECTION AND TRANSACTION PROCESS*
Property Details
| Property Ref: 3420432 | Last Updated: 05 Apr 2026 | Market Status: Available |
| Type: Mixed-use Land | Total Area: 4,200 sqm |
Interesting Facts
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Leisure and Shopping
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Popular Estates
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Day Life
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Night Life
Schools
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
Read the full area guide for Lekki, Lagos.
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Disclaimer
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